An integrated digital wallet is fast becoming a standard element for Web3-based decentralized applications. They make it simpler for developers to onboard new users by abstracting away the complexity of connecting a wallet and buying the crypto that’s needed to explore the services they offer.
To do this, developers are increasingly turning to wallet-as-a-service (WaaS) providers that can handle much of the back-end infrastructure. By using what is essentially a pre-built wallet, developers eliminate the headaches of creating their very own digital wallets, meaning they have more time to focus on the actual functionality of their dApps.
WaaS is often used by developers of blockchain-based video games, where cryptocurrency and non-fungible tokens (NFTs) are an integral part of the game. They’re also employed by other dApps that want to integrate a wallet and provide a simpler experience for end users. By enabling users to spin up an in-app wallet and login with a few clicks, dev
China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive Measures
Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The…